Business

Jubilee Life Insurance CEO feels budget measure will discourage long-term savings

Up 5.2% from beginning of 2015-16.

Benchmark KSE-100 index gains 191.72 points.

Also wants to enter trade facilitation framework with Central Asian states

Analysis reveals industry could be in for saturation if new services not introduced.

Pakistan will now get 1,300MW from Tajikistan compared to previous 1,000MW

Disney calculates there are 330 million people living within a 3-hour journey of Shanghai who are potential customers

Napster was found to be facilitating music piracy and shut down by US courts in 2001, leading to bankruptcy

Pakistan no more needs IMF support, claims finance minister

Technical experts’ meeting expected to yield concrete measures.

IT minister reiterates govt’s resolve to digitise economy and benefit farmers

Govt approved three SEZs in Punjab without providing utilities to ones earlier in Sindh.

Commerce minister says exports are falling, in need for attention

Analysts say proposal will damage corporatisation, encourage fragmentation

US officials say there is need to enhance innovation, farming practices

Petroleum ministry had sought approval to overcome energy shortages

Trade volumes rose to 243 million shares compared with Tuesday’s tally of 143 million

KSE-100 Share Index surges over 2% as MSCI upgrades Pakistan economic status

PSX surges over 2% as Pakistan upgraded to emerging markets status

Think tank voices fear of water scarcity, recommends help from external sources .

SNGPL’s former employee is tipped to win the post.

The tax on filling stations has been increased from Rs10,000 to 15,000

Food ministry summons representatives of all airlines

Turnaround in macroeconomic situation is  accelerating local demand.

Wants abolition of sales tax on agriculture machinery, opposes move to tax inputs of stationary, milk.

Province trying to improve industrial infrastructure through public-private partnership.

Benchmark KSE-100 index finishes at 37,517.75.

Ministry wants the government to clear all liabilities of the company

Its members felt tariffs were at higher levels that should be reduced.

Legal cover given to gifting high breed horses to Qatar, Saudi Arabia’s royal families

Siri will also work with apps such as Slack, WhatsApp, Uber and Lyft

Group says it raises 50 million from a group that also includes Comcast Ventures and Chinese-based companies

Sao Paulo pilot program is Uber's biggest step yet in a partnership with Airbus Group, announced in January

Minister emphasises need for working collectively to solve problems

Energy firm is facing corruption probe, Pakistan says it could be an issue.

The package is unable to address the core issues, argues expert.

Sees receipt of Rs1.01 trillion from the federal divisible pool next fiscal year

Benchmark KSE-100 index rises 39.08 points.

Shipments dropped to 60,000 tons in the last two years.

Wants to extend super tax for another year, change the definition of income

Funds earmarked for five departments given a hefty boost.

It is essential for attracting investment, the area needs urgent reformation

Historical evidence suggests business cycles are increasingly correlated

Short-term measures to increase revenue, likely to impact Punjab more

Previously reluctant, banks are now competing with one another to dish out credit

Run by inept planners, there is no zoning for commerce, education, public space and poverty

Farmers need assistance and technology that enable them to take substantial leaps

ICCI demands similar concessions for other industrial estates

Agriculture secretary calls for efficient mechanism, technology upgrade

Want zero-rated regime for cottage industry